Posted On: 06/27/2013 12:30:26 PM
Post# of 17862
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I did intend to recap some of the forward moves HIMR has made in recent months, but in light of the current dump-fest, I see little need to write anything constructive. Keep in mind, the beneficial shareholders and debt holders have every right to convert as many BILLIONS of shares as they like, because no measures were considered to prevent them from doing so.
Was all the hype about share reduction with continuous updates on every share reduced just hype designed to mislead investors? I will let individual investors decide for themselves, but the answer becomes more and more obvious every day.
Can we defend what HIMR is doing? No! No, we cannot! At least, we cannot based on the information we have.
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